MOGO - now trading at 2.95
several good factors coming together here - just had a good ER, triple bottom (formed nice base), breaking out from the trendline resistance on above average volume - moved above its 100 SMA and looking to test 50SMA - looking for a starter here and will add when we cross 50 SMA - around 3.20 level and add more on the break of the 3.69 pivot
#1 Main Watch
$MOGO HTF ACB Long
Monthly - Pullback
Weekly - 50 ema/Support/Decel
Daily - Support/Triple bottom/MACD/Descending Triangle/Doji
LTF - Basing with MACD
Cons - LTF doesn't have a pattern
RR - 3.5
Side note: Would LOVE this set up if it had $XBI LTFs.
Additionally on Watch:
Main - $COIN HTF IBO L
Main - $XBI HTF ACB L
Main - $MARA HTF...
Pupm&Dump trading strategy idea.
$MOGO is rising too much today.
The demand for shares of the company looks lower than the supply.
This and other conditions can cause a fall in the share price today.
So I opened a short position from $7,18;
stop-loss — $7,46;
take-profit — $6,62/MOC
Do not view this idea as a recommendation for trading or investing. It is...
Mogo seems to trade according to the Wyckoff Accumulation pattern. There's still a gap below so that could be the "spring phase"
One of the best Fintechs out there, with lots of potential.
We have detected a similar uptrend pattern from the 3/5 to 3/19 rally. The bar pattern has been transposed to the current rally beginning 4/20 or 4/22. We see upside continuing for MOGO through early next week then a transition into consolidation before earnings.
$MOGO Target 12.01 for 23.18%
Or next add level is at 7.49
Hey there, MOGO... Nice to see you having a green day!!
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On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average.
I start every position with 1% of my account and build from there as needed and as possible.
I...
Ascending Triangle (62%)
Pros:
Descending volume during formation
PPS above 50MA and 200MA
R/R ratio above 5
RS above 0
200MA ascending
250RSI above 50 and ascending
Cons:
ATR flat
RS flat
Target:
PT = 18.67$
Help how ever you can to keep this alive.
Thank you to those who have donated Coins!
Always do you own Due dilligence. This is not financial advice.
Stay...
Last one for the day, I think.
NEW POSITION $MOGO @ 11.11 Target 13.37 for 20.34%
Or next add level is at 8.85
Let's go. This one seems like it could hit quicker than some others. GL
I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my personal reference and if you decide to trade...
$MOGO is approaching earnings and though it is possible that it could drop, the daily chart is looking great. Price target on chart.
For educational and entertainment purposes only. Not financial advice.
